SARPSBORG MOTOR AS

1739 BORGENHAUGEN

Finances

Return on Equity

4,54 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 663 000	41 437 000	41 673 000	35 702 000
Net Income	970 000	2 321 000	2 525 000	1 550 000
Total Assets	38 592 000	32 087 000	30 312 000	23 251 000
Total Equity	21 353 000	20 384 000	18 262 000	15 937 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 663 000	41 437 000	41 673 000	35 702 000
Expenditure	38 756 000	38 085 000	38 215 000	33 453 000
Operating Profit	1 908 000	3 352 000	3 460 000	2 249 000
Financial Income	32 000	26 000	43 000	43 000
Financial Costs	697 000	402 000	265 000	305 000
Financial Balance	−665 000	−376 000	−222 000	−262 000
Earnings Before Tax	1 243 000	2 976 000	3 238 000	1 987 000
Tax	273 000	655 000	712 000	437 000
Net Income	970 000	2 321 000	2 525 000	1 550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 097 000	17 350 000	16 894 000	10 876 000
Total Current Assets	18 496 000	14 738 000	13 418 000	12 375 000
Total Assets	38 592 000	32 087 000	30 312 000	23 251 000
Total Retained Equity	21 253 000	20 284 000	18 162 000	15 837 000
Total Equity	21 353 000	20 384 000	18 262 000	15 937 000
Total Long-Term Debt	1 237 000	506 000	902 000	1 290 000
Total Current Debt	16 002 000	11 198 000	11 148 000	6 024 000
Total Equity and Debt	38 592 000	32 087 000	30 312 000	23 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 663 000	41 437 000	41 673 000	35 702 000
Other Income	0	0	0	0
Revenue	40 663 000	41 437 000	41 673 000	35 702 000
Cost of Goods Sold	25 471 000	25 449 000	26 187 000	22 692 000
Salary Costs	9 774 000	9 412 000	9 272 000	8 363 000
Depreciation	574 000	500 000	393 000	357 000
Impairment	0	0	0	0
Expenditure	38 756 000	38 085 000	38 215 000	33 453 000
Operating Profit	1 908 000	3 352 000	3 460 000	2 249 000
Financial Income	32 000	26 000	43 000	43 000
Financial Costs	697 000	402 000	265 000	305 000
Financial Balance	−665 000	−376 000	−222 000	−262 000
Dividends	0	200 000	200 000	200 000
Net Income	970 000	2 321 000	2 525 000	1 550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	235 000	288 000	379 000	473 000
Real Eastate	15 760 000	16 178 000	16 109 000	9 821 000
Machinery and Plant Facilities	50 000	69 000	88 000	107 000
Fixtures	1 002 000	815 000	268 000	347 000
Total Tangible Assets	16 811 000	17 061 000	16 465 000	10 274 000
Total Fiancial Fixed Assets	3 050 000	0	50 000	128 000
Total Fixed Assets	20 097 000	17 350 000	16 894 000	10 876 000
Stock	15 272 000	11 553 000	9 843 000	9 878 000
Total Investments	0	0	0	0
Cash, Bank	1 854 000	1 771 000	2 277 000	1 518 000
Total Current Assets	18 496 000	14 738 000	13 418 000	12 375 000
Total Assets	38 592 000	32 087 000	30 312 000	23 251 000
Total Equity	21 353 000	20 384 000	18 262 000	15 937 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 237 000	506 000	902 000	1 290 000
Creditors	993 000	2 160 000	1 513 000	1 028 000
Unpaid Taxes	447 000	499 000	526 000	409 000
Dividends	0	200 000	200 000	200 000
Other Current Debt	2 358 000	1 981 000	2 171 000	1 826 000
Total Current Debt	16 002 000	11 198 000	11 148 000	6 024 000
Total Equity and Debt	38 592 000	32 087 000	30 312 000	23 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,54 %	11,39 %	13,83 %	9,73 %
Debt-to-Equity Ratio	0,06	0,02	0,05	0,08
Operating Profit Margin	4,69 %	8,09 %	8,3 %	6,3 %
Current Ratio	1,16	1,32	1,2	2,05
Quick Ratio	25,34	−41,52	10,28	−3,21
Equity Ratio	0,55	0,64	0,6	0,69
Gross Profit Margin	37,36 %	38,58 %	37,16 %	36,44 %